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• Russia’s state-run oil company Rosneft
will buy TNK-BP, a 50-50 venture between BP and a group of billionaires, for $55 billion. After the deal, Rosneft’s output will match ExxonMobil’s.

• Target is selling its credit-card portfolio to TD Bank Group for the gross value of outstanding debt when the deal closes. The value was $5.9 billion when it was announced.

• Royal Bank of Canada, the nation’s largest lender, will pay $4.1 billion for Ally Financial’s Canadian auto finance and deposit business.

• Japanese mobile operator KDDI is partnering with Sumitomo to buy the 30 percent of Jupiter Telecommunications they don’t already own for $2.7 billion. Each will own half of Jupiter.

• London private equity firm Permira Advisers will buy Ancestry.com, the world’s largest family history website, for $1.6 billion in a bid to expand the business in Europe.

• Dublin-based Experian, the world’s largest credit checking company, will pay $1.5 billion for the 30 percent of its Brazilian unit, Serasa, that it doesn’t already own.

• Halcón Resources is buying 81,000 acres of North Dakota oil and gas fields from Petro-Hunt for $1.5 billion. The fields produce the equivalent of more than 10,500 barrels of oil per day.

• Wintershall, the oil production unit of
BASF, will pay $1.4 billion for partial stakes in North Sea oil and gas sites owned by Norway’s Statoil.

• Facing tough conditions in the U.K. and its home market of Ireland, C&C Group, maker of Magners cider, will buy
Vermont Hard Cider, maker of Woodchuck Hard Cider, for $305 million.

• Nike is selling U.K.-based apparel maker Umbro to Iconix Brand Group for $225 million. It paid $484 million for the company in 2008. Nike is also trying to sell its Cole Haan dress-shoe stores.

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